Darwin was a slacker and you should be too

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We’re always told to listen to our elders - such a cliche.But sometimes there’s a lot of inherent value in cliches. While dumb people get old too, you have to imagine that 100+ year olds have learnt some nuggets along the way.I quite enjoyed these life lessons from 100-Year Olds.

🍄 How to Improve Your Life Context

The research on the impacts of psychedelics on mental health is exponentially gathering pace. Since a landmark piece of research conducted at John Hopkins University (for cancer patients with anxiety/depression), the search to understand what long term impacts these drugs can have is trending. One of the largest assumptions is that psychedelics don’t treat the person's illness, but their life context. This is important because I think it shows that putting a bandaid on a life problem with antidepressants is no answer to anxiety or depression (having had anxiety myself). For those wanting to investigate mushrooms in particular, please be safe and make sure you use a tool like Shroomery.Org.

🏙️ Cities Live Forever, Companies Don’t

Most business owners think about legacy when they’re building their company. But the reality is that your business isn’t like to survive for centuries. When you look into this reality, it’s the pure fact that population growth will always continue to grow a city (so long as there’s a reason to stick around). But for a company, even if you’re a monopoly, you can only grow as far as consumers are willing to go. Perhaps building a city would be a smarter idea?

📉 Is the market overvalued? A perennial question

As a value investor, the easiest way to check is stock market valuations from GuruFocus. Right now, the stock market in both Australia is significantly overvalued, so that’s slightly worrying. However, what’s more worrying is when Robert Shiller starts piping up. Always listen when Shiller (a nobel laureate) is saying the market is overvalued - he was the only academic to call the bubble in the dotcom boom & housing crisis. His indices are also used widely across the finance sector.